Now Bitcoin is trying to rise above $6,000 levels once again.
ETH/USDEthereum continues to gradually slide towards its next support level at $358. The pullback attempt on June 27 hit a roadblock at the previous support of $450, which will now act as a resistance.
We anticipate a strong defense of the critical support level at $358. The ETH/USD pair will gain strength above the downtrend line.
XRP/USDAfter the momentary respite on June 27, Ripple broke down of the critical support at $0.45351 on June 28.
BCH/USDBitcoin Cash is sliding towards its next support at $620 where some buying should emerge.
Any break of this level will extend the fall of EOS to the next support at $5.9610.Though both moving averages are falling and the cryptocurrency has failed to sustain above the 78.6 percent retracement level of the recent rally, we remain upbeat on it because it has still not broken below its April lows.
LTC/USDThe attempt to pull back on June 27 did not find buyers at higher levels and Litecoin failed to reach even the downtrend line.
The bears, on the other hand, have broken below $75 today and can now extend the fall to the next support level at $67.On the upside, the bulls will face a stiff resistance at the downtrend line, the 20-day EMA and at $107.102.
Stellar can now decline towards its next support level at $0.138.The first sign of a change in trend will be when the XLM/USD pair scales above the downtrend line and the 20-day EMA.We might suggest long positions if we see the cryptocurrency sustain above the 20-day EMA. Until then, the traders should remain on the sidelines.
If the bears break the level of $0.9150 and sustain below it, the IOTA/USD pair can decline to its next support at $0.7874.
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRX: Price Analysis, June 29
Publié le Jun 29, 2018
by Cointele | Publié le Coinage
Coinage
Mentionné dans cet article
Nouvelles récentes
Voir tout
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.